Claims
Quindell boss optimistic on swift full listing as attention turns stateside
Quindell executive chairman Rob Terry has described the early June target for a full listing on the London Stock Exchange as a “conservative estimate” and has underlined his interest in seeking a dual listing in the US.
FCA to investigate commercial claims among string of new reviews
The Financial Conduct Authority is to look into the commercial claims market in one of a string of thematic reviews for the general insurance sector announced in its annual business plan today.
Quindell outlines plans for full listing following year of soaring profits
Quindell recorded a 202% increase in profit before tax totalling £107m last year (2012: £35.4m) as the outsourcing provider plans to launch a full listing by the beginning of June.
Rainstorm and hail slams Hong Kong
Hong Kong was hit by a strong rainstorm on Sunday causing a shopping centre roof to collapse.
Zurich hails successful appeal against £95k car hire bill
Zurich has welcomed a court of appeal ruling that the insurer should not have to pay £95 000 in car hire and storage charges because the claimant should have bought a replacement car at an earlier stage.
Nelson confirms Lloyd’s insurers have started paying MH370 claims
Lloyd’s chair John Nelson has confirmed market insurers have begun paying out claims relating to the loss of Malaysia Airlines flight MH370.
VRS Vericlaim relocates London HQ in expansion drive
VRS Vericlaim has moved to a new London site more than double the size of its previous headquarters.
Innovation Group unveils new UK property management team
Innovation Group has revealed its new UK property management following its acquisition of LAS.
Xchanging unveils iPad claims service
Xchanging has launched a new suite of tools to provide claims agreement facilities directly from an iPad.
Cunningham Lindsey hires Jobling for Newcastle-based role
Cunningham Lindsey has appointed Ken Jobling as a specialist liability adjuster in its major and complex loss team.
McLarens re-enters Australian market
McLarens has re-entered the Australian market and appointed Martyn Wicht as general manager of the business.
Global cat losses down 44% for 2013
Global insured losses from catastrophes have almost halved in 2013, dropping to £27bn according to a new study from Swiss Re.
Perils hikes Windstorm Dirk loss estimate to £294m
Zurich-based catastrophe data firm Perils has increased its property insurance market loss for the windstorm which wracked the UK and France from December 23 to December 25.
Budget 2014: pension shakeup to open the door for general insurance players
Insurers’ share prices plummet following Chancellor’s annuity vow.
Career file - Max Dunworth: LAS COO resigns days after Innovation Group buy
LAS chief operating officer Max Dunworth is to depart the business later this year, Post can reveal.
Legal Update - Duty of Care: Tree surgeon fall case dismissed in High Court in duty of care clarification
Nicholas Thorne examines a case that looked at the duty of care an occupier owes employees of contractors.
Claims Awards 2014 shortlist revealed
Insurers Ageas and LV lead the way in nominations for the 2014 Claims Awards with six and five respectively.
North of the Border: Fatal accident claim awards rise
In England, the Fatal Accidents Act 1976 allows the spouse of a deceased to recover a fixed amount, currently £12 980.
Trade Voice: Floods are a chance to prove ourselves
Joined-up thinking and a collaborative approach to assisting families and businesses affected by this winter’s floods has been a point of interest.
Claims Conference Asia 2014 attracts cream of claims professionals
Claims Conference Asia 2014 was held on 20 March in Hong Kong and attended by over 100 claims professionals from across the international claims market.
Claims Conference Asia: 'Asia reclaiming its rightful place in history'
Duncan Howorth, JLT CEO, Asia, struck an optimistic note when talking about the rise of Asia at last week's Claims Conference Asia, but warned more sophisticated risk management will be needed.
Mediation - Time for a Rethink?
How would you rate your last experience of mediation? Did both sides settle the dispute all smiles and within half a day? Or was the reality a little less rosy than that?
LAS COO Dunworth resigns days after Innovation Group buy
LAS chief operating officer Max Dunworth is to depart the business later this year, Post can reveal.
Russian insurer reportedly axing Ukraine riot covers
Russian insurer Ingosstrakh has reportedly reduced operations of its Ukrainian subsidiary Ingo Ukraine in the face of ongoing political instability.